https://www.taxtmi.com/caselaws?id=471805 Dishonour of a cheque drawn on a bank that ceased to exist following its merger does not satisfy the statutory conditions for criminal liability under Section 138 of the Negotiable Instruments Act, 1881. A cheque issued after the drawee bank's merger is invalid and incapable of being honoured because the named bank no longer exists independently. Its dishonour therefore does not constitute an offence under Section 138. en-us Thu, 06 Feb 2025 00:00:00 +0530 Sat, 19 Sep 2026 08:22:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471805 Dishonour of a cheque drawn on a bank that ceased to exist following its merger does not satisfy the statutory conditions for criminal liability under Section 138 of the Negotiable Instruments Act, 1881. A cheque issued after the drawee bank's merger is invalid and incapable of being honoured because the named bank no longer exists independently. Its dishonour therefore does not constitute an offence under Section 138. Case-Laws Indian Laws Thu, 06 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471805